Nitin Fire Protection Industries Reports Q3FY26 Results Under Ongoing Liquidation Process – scanx.trade
Nitin Fire Protection Industries Reports Q3FY26 Results Under Ongoing Liquidation Process scanx.trade Read the original article here
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Stoli Group’s US arm shifts to liquidation
The two US entities of vodka maker Stoli Group have filed motions to convert their bankruptcies into Chapter 7 liquidations. Stoli Group is the company behind Stoli Vodka Stoli Group USA and its Kentucky Owl American whiskey unit voluntarily filed for Chapter 11 bankruptcy in November 2024 after suffering “financial difficulties” and a two-month-long cyber…
How to Close a Business in Malaysia? – Malaysia Guide
Malaysian businesses may require closure for various strategic or operational reasons. Market conditions may render continued operations unviable, shareholders may seek to exit investments, or companies may need restructuring to optimize their corporate structure. Financial difficulties remain the most common driver, with insolvency affecting businesses across all sectors during economic downturns. WATCH Malaysia – A…
Lai Sun Group Subsidiary Silver Fusion Enters Creditors’ Voluntary Liquidation – TipRanks
Lai Sun Group Subsidiary Silver Fusion Enters Creditors’ Voluntary Liquidation TipRanks Read the original article here
S10A and S14 of IBC Do Not Bar Insolvency Proceedings against Personal Guarantors: NCLAT [Read Order]
In a recent decision, the National Company Law Appellate Tribunal (NCLAT) bench ruled that the moratorium under Section 14 and the suspension introduced by Section 10A do not bar the Corporate Insolvency Resolution Process(CIRP) against personal guarantors. The Tribunal stated that merely because the company is going through this process, it does not mean that…
Restructuring & Insolvency Laws and Regulations Report 2025-2026 Indonesia
1. Overview 1.1 Where would you place your jurisdiction on the spectrum of debtor- to creditor-friendly jurisdictions? Law No. 37 of 2004 on Bankruptcy and Delay of Payments (“Law 37/2004”) emphasises creditors’ rights over debtors and demonstrates that Indonesia can be seen as a creditor-friendly jurisdiction. While there are some limitations on the options that…
Hardships Faced By Homebuyers Cannot Be Used To Prevent Insolvency Proceedings: Supreme Court
Thank you for reading this post, don’t forget to subscribe! The Supreme Court held that a society or Resident Welfare Association of homebuyers has no locus standi to intervene in insolvency proceedings against a real estate developer, as it is neither a creditor nor an authorised representative of allottees. NEW DELHI: The Supreme Court determined…
Lin Liu, director of liquidated Yoyoso/Miniso, leaves debt trail – BusinessDesk | NZ
Lin Liu, director of liquidated Yoyoso/Miniso, leaves debt trail BusinessDesk | NZ Read the original article here
Bradford beats national average in business liquidations
Despite 26,005 business insolvencies recorded across the UK and Northern Ireland in 2025, Bradford’s liquidation rate stands at just two per cent, according to an analysis by Liquidation Centre. Out of 1,590 businesses within a 500-metre radius, only 32 in the city entered liquidation. Richard Hunt, director at Liquidation Centre, said: “The data highlights just…